Community Bank in Muscatine, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Community Bank - Overview

  • General
  • FDIC Certificate #: 23189
    Status: Active
    Federal Reserve ID: 1015841
    Bank Holding Company (Regulatory Top Holder): C-B-g, Inc. (RSSDID: 1201448, Location: West Liberty, IA)
    Date Established: August 11, 1980
    WWW: http://www.commbk.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 10076
    FDIC's unique #: 16245
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: August 11, 1980
    Last Structure Change Effective Date: October 20, 2008
    Last Structure Change Process Date: September 17, 2009
    Last Data Update: September 17, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 615 Cedar Street, Muscatine, IA 52761
    County: Muscatine
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Muscatine, IA (#34700)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $241.0 mil
    Equity capital: $24.7 mil
    Deposits held in domestic offices: $215.3 mil
    Return on assets (ROA): 0.89% ($2.1 mil)
    Quarterly return on assets: 1.17% ($2.8 mil)
    Return on Equity (ROE): 8.72% ($2.2 mil)
    Quarterly return on equity: 11.43% ($2.9 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.92% ($2,217.2 mil)
    Quarterly Pretax return on assets: 1.23% ($2,964.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 63Total employees (full-time equivalent)
  • $241,002Total assets
  • $11,400Cash and due from depository institutions
  • $4,843Interest-bearing balances
  • $49,416Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $160,601Net loans & leases
  • $1,612Loan loss allowance
  • $0Trading account assets
  • $6,861Bank premises and fixed assets
  • $498Other real estate owned
  • $5,294Goodwill and other intangibles
  • $241,002Life insurance assets
  • $6,932All other assets
  • $216,300Total liabilities and capital
  • $215,344Total liabilities
  • $185,678Total deposits
  • $215,344Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $280Trading liabilities
  • $0Other borrowed funds
  • $676Subordinated debt
  • $24,702All other liabilities
  • $24,702Total equity capital
  • $24,702Total bank equity capital
  • $0Perpetual preferred stock
  • $1,775Common stock
  • $13,954Surplus
  • $8,973Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,523Income earned, not collected on loans
  • $87Earning assets
  • $1,843Long-term assets (5+ years)
  • $214,860Average Assets, year-to-date
  • $25,591Average Assets, quarterly
  • $235,873Volatile liabilities
  • $238,728Insider loans
  • $165,818FHLB advances
  • $235,447Loans and leases held for sale
  • $3,787Unused loan commitments
  • $3,787Tier 1 (core) risk-based capital
  • $18,322Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,948Restructured Loans and leases
  • $1,660Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,718Total interest income
  • $3,106Total interest expense
  • $7,612Net interest income
  • $406Provision for loan and lease losses
  • $908Total noninterest income
  • $215Fiduciary activities
  • $336Service charges on deposit accounts
  • $0Trading account gains & fees
  • $357Additional noninterest income
  • $5,963Total noninterest expense
  • $3,273Salaries and employee benefits
  • $843Premises and equipment expense
  • $1,847Additional noninterest expense
  • $2,151Pre-tax net operating income
  • $9Securities gains (losses)
  • $63Applicable income taxes
  • $2,097Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,097Net income attributable to bank
  • $0Net charge-offs
  • $2,097Cash dividends
  • $303Sale, conversion, retirement of capital stock, net
  • $1,224Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 1.48%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 0.89%Net operating income to assets
  • 0.89%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 8.72%Return on equity (ROE)
  • 3.63%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 133.99%Credit loss provision to net charge-offs
  • 8.44%Efficiency ratio
  • 69,225Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.37%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 45.76%Noncurrent assets plus other real estate owned to assets
  • 1.67%Noncurrent loans to loans
  • 2.17%Net loans and leases to deposits
  • 74.58%Net loans and leases to core deposits
  • 81.31%Equity capital to assets
  • 10.25%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 11.05%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $235,873Average earning assets
  • $24,046Average equity
  • $210,500Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $85,711Managed Assets
  • 1Number of Accounts
  • $20,060Personal trust and agency accounts
  • $19,860Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $200Non-managed Assets
  • 695Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $65,651Other retirement accounts
  • $11,460Corporate trust and agency accounts
  • $35,405Other fiduciary accounts
  • $18,786Fiduciary accounts held in foreign offices

List of branches

  • 5 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016245Community Bank615 Cedar Street, Muscatine, IA 52761August 11, 1980Full Service Brick and Mortar
    1256040Park Ave Branch2506 Park Avenue, Muscatine, IA 52761July 01, 1985Limited Service Facility
    312595Columbus Junction Branch227-229 Main Street, Columbus Junction, IA 52738March 25, 1963Full Service Brick and Mortar
    45957Wilton Branch210 West Fourth Street, Wilton, IA 52778October 01, 1894Full Service Brick and Mortar
    5267937Wapello Branch206 Highway 61 North, Wapello, IA 52653January 01, 1919Full Service Brick and Mortar

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